618 LAWS OF MARYLAND.

to or under the control of the Mayor and City Council of Bal-
timore, the Mayor and City Council of Baltimore is hereby
authorized to issue the stock of said corporation for a sum
not exceeding ten million dollars, said stock to be issued from
time to time, as the Mayor and City Council of Baltimore shall,
by ordinance, prescribe, and to be issued for such amounts and
to be payable at such time, and to bear such rate of interest
as the Mayor and City Council of Baltimore shall, by ordi-
nance, provide; the money so realized from the sale of said
stock to be used for the purposes specified in said Chapter 349
of the Acts of the General Assembly of Maryland enacted in
the year 1904, and to be expended in accordance with the
terms, conditions and provisions of said Act, or of any amend-
ments or additions thereto; said stock shall be sold and
issued by the Commissioners of Finance of the city at the
best prices obtainable, in their judgment, therefor; and any
premiums derived from the sale thereof shall remain in their
hands as part of the sinking fund hereinafter mentioned for
the redemption of said stock at maturity. The residue of the
money received from the sale of said stock shall be turned over
by them to the Comptroller, to be by him deposited with the
City Register, and to be placed to the credit of a fund to be
known as the "New Sewerage System Fund No. 2," which
shall be exclusively applicable to the cost of the work author-
ized by this Act and by said Chapter 349 of the Acts of the
General Assembly of Maryland enacted in the year 1904, and
shall be chargeable with no other items of cost or expense
whatever. Appropriations for the cost of said work, based
upon the estimates of said commission, shall be annually
included by the Board of Estimates in the usual way, in the
ordinance of estimates, and upon the written requisitions,
supported by proper vouchers of the chairman of said com-
mission, or of the chairman pro tempore of said commission,
countersigned by the secretary of said commission, or by the
secretary pro tempore of said commission, either of which offi-
cers the said commission is hereby authorized to appoint, by
vote or resolution, in the event of the absence, sickness or other
disability, for the time being, of its chairman or secretary,
respectively, Comptroller shall draw his warrants upon the
City Register, payable out of such appropriations from said
special fund for the amounts of all items of cost or expense
properly chargeable upon said special fund, but said stock
shall not be issued, in whole or in part, unless the ordinance
of the Mayor and City Council of Baltimore providing for the
issuance thereof shall be submitted to the legal voters of the
City of Baltimore at such time and place as may be fixed .by
said ordinance, and be approved by a majority of the votes